Monday, May 25, 2020

The New Deal Made the Great Depression Worse. Let's Not Repeat It | Oliver Dunford

The New Deal Made the Great Depression Worse. Let's Not Repeat It | Oliver Dunford: During the Great Recession, President Obama’s chief-of-staff Rahm Emanuel infamously advised, “You never want a serious crisis to go to waste.” And, sure enough, the COVID-19 threat has given politicians another crisis to promote long-sought policy goals. Some are calling for a modern version of the New Deal, but is this a good idea?

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